Thread regarding National Oilwell Varco Inc. layoffs

The downward spiral for oil prices finally flipped the $40 a barrel mark Friday, as oil sold for $39.86 a barrel.

http://www.theadvertiser.com/story/news/2015/08/21/oil-prices-dip-per-barrel/32120189/

The downward spiral for oil prices finally flipped the $40 a barrel mark Friday, as oil sold for $39.86 a barrel.

"Your concern now is that now people are worried about where the bottom is," said Dr. Loren C. Scott, former LSU economist. "If it stays there a few weeks, you'll see more announcements about layoffs."

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